Quote:
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Originally Posted by sc.david
HAVING OUR TARGET BREACHED!
GBPUSD: H4 CHART
Ascending Trend, but there are some signs of Trend Change.
Herewith, this reversal is not confirmed, and price remains
within a large range ( BR+, and BS+), this is seen on Weekly
chart.
We are having a Pattern almost done on the H4 Chart, this is
the Head and Shoulder Formation.
If this is accomplished, this will be a reversal between
"T1(2.0238) and T2(2.0141)" then, breaking T2 downward to
"T3(1.9984)" which will be our Neck-line for a confirmation.
A break-out from T3 downward, leads us to "T5(1.9753)".
Price might not be able to get to "BS+".
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HAVING OUR TARGET BREACHED!
LATEST FORECAST WILL BE BROUGHT TO YOU ASAP.
THANKS.
SC.DAVID